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Hennessy Capital Acquisition Corp. IV Announces Overwhelming Support for Its Announced Business .
Hennessy Capital Acquisition Corp. IVDecember 18, 2020 GMT
- Over $625 million of proceeds raised in the transaction will support the production and launch of electric vehicles (EV) featuring Canoo’s advanced EV platform technology -
- 99.97% of Public Shareholders Elected to retain GOEV stock -
- Shareholders Are Reminded to Vote in Favor of the Business Combination –
NEW YORK, Dec. 18, 2020 (GLOBE NEWSWIRE) Hennessy Capital Acquisition Corp. IV (NASDAQ: HCAC, HCACW, HCACU) (“HCAC”) today announced that, as of the deadline for redemption elections in connection with the pending business combination (the “Business Combination”) with Canoo Holdings Ltd. (“Canoo”), over 99.97% (or approximately $306 million) of funds will remain in HCAC’s trust account as of closing. As
Hennessy Capital Acquisition Corp (NASDAQ:HCAC) - Canoo Unveils Multi-Purpose Electric Delivery Vehicle Ahead Of SPAC Merger Plan
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Hennessy Capital Acquisition Corp IV Reminds Stockholders to Vote in Favor of the Business Combination with Canoo Holdings Ltd
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Hennessy Capital Acquisition Corp IV Announces Overwhelming Support for Its Announced Business
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Electric vehicle startup Canoo unveils futuristic delivery van
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Dec. 18 (UPI) Electric automaker startup Canoo has unveiled its second electric vehicle a futuristic-looking delivery ahead of its stock debut on Wall Street in a few days.
Canoo took the wraps off the van called the Multi-Purpose Delivery Vehicle, or MPDV on Thursday and said it will begin with limited production in 2022 and full-scale manufacture in 2023. The van has two variants, the MPDV1 and MPDV2.
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The automaker has been developing the van for years and says its electric power train is highly efficient compared with gasoline and diesel vans. Various battery options allow the van to go between about 100 and 300 miles on a single charge, the company says.